AI and Machine Learning
OpenAI Raises $122B in Funding Round, Valuation Hits $852B
The funding consolidates OpenAI's position as one of the most highly valued private companies worldwide.
The funding consolidates OpenAI's position as one of the most highly valued private companies worldwide.
Microsoft views the arrangement as potentially violating the “spirit, if not the letter,” of its deal with OpenAI.
Advanced Machine Intelligence aims to build AI that can reason about the physical world rather than just generate text.
Nvidia is expected to invest around $30 billion, with SoftBank, Amazon, and Microsoft also participating.
The investment also positions the Kingdom to benefit if Musk's other venture SpaceX proceeds with an IPO.